Shumlin Names Beth Pearce To Lead Treasurer's Office

(Host) Governor-elect
Peter Shumlin, who picked state Treasurer Jeb Spaulding to be his
administration secretary, has chosen Spaulding's replacement.

The successor is Beth
Pearce, who is now the deputy treasurer.

Pearce has worked
for the treasurer's office since 2003 and in financial jobs in New England cities and states for her whole career.

Gov.-elect Shumlin
said today that her years of experience and enthusiasm for the job
will serve Vermonters well.

(Shumlin) "Beth has dealt with all of the
tough issues that Treasurer's must face. She will bring not only her extraordinary
experience and commitment to this job, but also her understanding of the
financial challenges that we're facing, and the need for Vermont to be on
sound, fiscal ground."

(Host) Pearce said
that she and her office staff will embrace the responsibilities as ‘stewards of
the taxpayers' money'. And Pearce plans to take a professional, nonpartisan
approach to the job - one that she says has been successful through tough
economic times.

(Pearce) As the governor and the general assembly's
new initiatives take hold, we will work with them and address new
opportunities. I look forward to working with governor Shumlin's
administration, and the legislature, in providing long-term fiscal discipline
and planning, that supports the larger economic and environmental goals of our
great state."

(Host) Last month,
two weeks after he was re-elected to a fifth term as state treasurer, Spaulding
was tapped by Shumlin to become secretary of administration.